BSE to shift 362 stocks to T group

PTIDec 1, 2004, 02.08pm IST

MUMBAI: Following a review of market trends by the Securities and Exchange Board of India, the Bombay Stock Exchange will shift 362 stocks including Birla Kennametal, Ind-Swift Labs and Kinetic Engineering to "T" group from December 6 to safeguard investor's interest.

As part of a surveillance review and pursuant to a meeting with Sebi, 362 stocks would be shifted to T group. They would be settled on trade-to-trade basis to ensure market safety,